Charles Schwab Starts May 12 Rollout of Retail Spot Bitcoin and Ethereum Trading

Charles Schwab said on May 12 that it has begun rolling out Schwab Crypto accounts to selected retail clients, enabling spot trading in bitcoin (BTC) and ethereum (ETH) through accounts linked to their brokerage profiles. The service includes education, research, coaching content and 24/7 phone or chat support, with pricing set at 75 basis points on each trade’s dollar value. Schwab said access is limited by jurisdiction, and it plans to expand supported cryptocurrencies and add deposit and withdrawal features later.